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This question is about what a management consultant does and management consultant.
Is management consulting a good career?
Yes, management consulting is a good career. As long as you have an understanding of what a career in management consulting requires, management consulting can be a rewarding career option.
Entry-level management consultants can start with an above-average salary that ranges between $80,000 to $100,000 per year. If you've invested in completing an MBA, the average salary increases to $150,000 or more if you have relevant experience.
There is also the possibility of becoming a management consultant partner that has the potential varying salary of $250,000 to $5M per year, depending on the specific company or firm.
Because of the competitive requirements of both education and experience, you can expect coworkers to have the same level of prestige.
You get rewarded for your hard work, which means your reputation has a direct reflection on your progress within a management consulting career. The work is also varied, so you aren't necessarily doing the same tasks every day.
However, management consultants travel almost constantly for work. Long work hours can be the norm and can result in higher levels of stress, which can possibly affect overall health. Job security can also be a concern because management consulting is very dependent on how well the economy is performing.
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